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Supreme Court Ruling a Win for Ethanol Producers
Tuesday, June 25, 2013 - 10:19am | 648On Monday, Supreme Court justices let a lower court ruling stand that rejected an attempt by the American Petroleum Institute and others to block sales of E15 or “high ethanol” gasoline according to Farm Futures. In saying it would not address the D.C. Circuit Court’s decision, the Supreme...
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IBM Celebrates 100th Birthday
Thursday, June 16, 2011 - 11:57am | 251The news is a surprise to many who maybe believed that IBM (NYSE: IBM) have only ever made computers, but IBM is actually a full 100 years old today. This is an incredible feat for the company, whose full name is International Business Machines, particularly when considering the field that it...
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Goldman Sachs Releases Price Target Summary
Tuesday, May 24, 2011 - 8:56am | 428According to Goldman Sachs, Cabot Oil & Gas (NYSE: COG) price target has been increased to $68.00 from $67.00. Estimates for the current year are $0.87. Cameron International (NYSE: CAM) price target has gone down to $69.00 from $73.00. Estimates for the current year are $2.60. Canadian Natural...
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Deutsche Bank Comments On Chevron After Trip To Tengiz Oilfield (CVX)
Monday, May 16, 2011 - 7:53am | 86In a recent report, Deutsche Bank has commented on Chevron after the company's trip to the Tengiz oilfield in Kazakhstan. In the report, Deutsche Bank said, "The main takeaway from the trip was the scale and capital intensity; the quality & power of the carbonate reservoir. Key incremental...
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S&P Equity Research Maintains Chevron (CVX) Strong Buy Rating
Friday, January 29, 2010 - 1:49pm | 107S&P Equity Research on Friday maintained its Strong Buy rating for Chevron Corp. (NYSE: CVX) after the oil giant reported a 37% drop in earnings. Analysts cut their 2010 earnings outlook for Chevron by 10 cents per share to $7.66 a share on weakness in the oil major's refining business. However...
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Refining Losses Drop Chevron's (CVX) Income 37%
Friday, January 29, 2010 - 12:40pm | 176Chevron Corp. (NYSE: CVX) reported Friday that its 4th quarter net income fell 37% due to losses from its refining division. Chevron reported that its profit dropped to $3.07 billion, or $1.53 per share, down from $4.9 billion, or $2.44 per share, for the same quarter the previous year. According...